Gauging the impact of the seemingly more dovish FOMC statement, the market lacks direction ahead of European opening. Shares in Asia were mixed, following the decline in Wall Street. Crude oil prices, however, continued to recover as US inventory data turned out not as bad as API estimated. The front-month WTI contract settled at 32.3, adding +2.7% at close after a +3.66% gain on Wednesday.
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Crude Higher – Inventory Build not as Huge as Expected
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